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FRONTIER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 19538494
Korskildelund 6, 2670 Greve

Income statement (kDKK)

2013
2015
2016
2017
Fiscal period length12121212
Net sales
Gross profit20 338.8224 147.5934 934.1829 570.43
Employee benefit expenses-10 156.99-12 579.83-15 571.60-12 700.93
Total depreciation- 561.34- 416.99- 532.50- 253.81
EBIT9 620.5011 150.7818 830.0816 615.69
Other financial income4 725.572 036.845 338.511 021.02
Other financial expenses- 103.08- 550.43- 447.39-5 640.26
Net income from associates (fin.)-1 732.301 412.051 608.842 329.04
Pre-tax profit12 510.7014 049.2425 330.0514 325.49
Income taxes-4 200.13-2 770.95-6 055.68-3 738.38
Net earnings8 310.5811 278.2919 274.3710 587.11

Assets (kDKK)

2013
2014
2015
2016
2017
Intangible assets total
Land and waters3 561.5411 576.573 175.383 046.66
Machinery and equipment889.04888.84773.93280.72
Other tangible assets3.82
Tangible assets total4 454.4012 465.413 949.313 327.38
Investments total
Non-current loans receivable12 973.4422 929.6932 873.6723 693.41
Long term receivables total12 973.4422 929.6932 873.6723 693.41
Inventories total
Current trade debtors41 330.4856 057.1952 436.5083 510.25
Current owed by particip. interest comp.2 400.009 380.0014 630.009 210.43
Current other receivables5 626.58-27 473.20-9 238.775 487.57
Current deferred tax assets20.6843.62
Short term receivables total49 357.0637 963.9957 848.4098 251.86
Current other shares and ownership10 480.3513 423.7718 138.6114 359.46
Cash and bank deposits36 025.3720 816.4948 401.6548 401.6573 015.33
Cash and cash equivalents46 505.7220 816.4961 825.4266 540.2687 374.79
Balance sheet total (assets)113 290.6220 816.49135 184.51161 211.65212 647.44

Equity and liabilities (kDKK)

2013
2015
2016
2017
Share capital125.00125.00125.00125.00
Other reserves2 713.431 242.284 356.9610 332.41
Retained earnings30 795.5142 647.9541 262.1448 322.28
Profit of the financial year8 310.5811 278.2919 274.3710 587.11
Minority interest (BS)4 664.114 378.34
Shareholders equity total41 944.5255 293.5369 682.5773 745.14
Provisions21.797.154 664.114 378.34
Non-current loans from credit institutions2 235.002 235.002 235.00
Non-current trade creditors36 974.7129 584.8140 794.9074 615.21
Non-current other liabilities27 601.85-29 584.81-40 794.90-74 615.21
Non-current deferred tax liabilities3 373.881 866.585 151.362 810.88
Non-current liabilities total67 950.444 101.587 386.365 045.88
Current loans from credit institutions6 605.037 754.89
Short-term deferred tax liabilities2 525.001 265.7021.32
Other non-interest bearing current liabilities2 000.0067 911.5279 457.28121 723.19
Current liabilities total4 525.0075 782.2679 478.60129 478.08
Balance sheet total (liabilities)114 441.74135 184.51161 211.65212 647.44
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